The New York Stock Exchange, right, is shown in this view looking east on Wall St. on Wednesday, June 5, 2024. Global shares are mixed as investors weigh data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street. People pass by an electronic stock board showing Japan’s Nikkei 225 index at a securities firm Thursday, June 6, 2024, in Tokyo.
The chip company also joined Microsoft and Apple as the only U.S. stocks to ever top $3 trillion in total value. Apple regained that milestone valuation after rising 0.8% Wednesday., which matched analysts’ expectations for profit but fell just shy for revenue. The retailer also said it’s considering selling or spinning off its Family Dollar business.
Another report suggested hiring slowed last month by more than expected at U.S. employers outside the government.
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Stock market today: Asian shares track Wall Street's slide on worries over interest ratesAsian shares have retreated after strong reports on the U.S. economy raised the possibility that interest rates may stay painfully high. U.S. futures edged higher and oil prices also rose. On Thursday, the S&P 500 fell 0.7% and pulled further from its record set earlier this week.
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